The International Comparison Of Insurance Regulatory Model And Its Enlightenment To China

Finance is the lifeblood of China's economic development, insurance industry as a financial industry which is one of three major components has become increasingly important. As opening our insurance market to other countries, a lot of international capital could flow into national insurance market of China developed countries'experiences in insurance management could benefit the development of our insurance industry, and drive the development of our insurance industry actively. Enjoying the benefits of the openness to the outside, at the same time, the-insurance industry of our country face more and more challenges arising fom the international foreign insurance market, national insurance industry have to react the effect of international insurance market. The speedy changes and new developing trends of the world economy brings the expanding risk, adjusting risk and the innovating risk to national insurance industry. It is very difficult and necessary for our country to establish a insurance regulatory system that is suitable not only to the national current economic situation but also to the future trend of international economy dvelopment. The system should focus on not only the future developing trend of the world insunince industry market, but also the scientific analysis of new environments and the anticipation of new risk. The purpose of the article is to achieve the objective.In this paper, how to improve China's insurance supervision approach is the core content, and the use of horizontal and vertical comparative study of methods simply review the history of China's insurance supervision, insurance from the contemporary experience of developed countries insurance supervision in light of China's current insurance industry, the insurance supervision development of the situation, seek truth from facts put forward in China .The current insurance regulatory approach and future development trends and on how to further improve the current insurance supervision put forward some proposals and ideas. Focused on the developed countries for its own insurance supervision and implementation of the latest development. The full text of the exposition through the theory and practice come to the conclusion: I think we should mainly from the regulatory system, the construction industry, trade organizations to further improve in three areas: first to enhance regulatory efficiency as the core, improve the regulatory system to speed up China's insurance supervision .The pace of building the legal system and building China's national conditions suitable for the risk-based capital (RBC) monitoring system, a strict regulatory approach for support; constantly promote the building of the insurance industry information and establish and improve the insurance industry regulatory information systems, strengthening financial supervision and monitoring of financial institutions Coordination. The second set industry civilized image, the two focused on "strengthening", that is, strengthening the building of a credit system, establish a unified insurance credit information system and strengthening the insurance management practitioners and improve the overall quality of employment. Give full play to the third sector organizations supporting role, and cultivate the insurance market in the self-regulatory mechanism.